Honduran Port Modernization Effort Wins IDB Support

    Honduras has secured USD135 million in loan from the Inter-American Development Bank to fund its efforts to modernize Puerto Cortes, dubbed as Central America’s biggest port. The money will be used to create a space for a new container terminal and future port expansion by dredging the port basin and slips and using the dredged material to reclaim land from the sea.

    About the author

    • Eliza Villarino

      Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.